Hope & Change

[Dad2three]

After 6 years what have we got out of that simpletons slogan?

Not much from my perspective. Business is better, but not by much. Although I must say we did get A LOT of change in the racial strife & turning folks against each other departments.

Obama bragged about ending the war. Then blamed it on Bush. Then started the war again but blamed it on bad intel.

The economy is just gimping along despite everything he's claimed to have done.

Welfare rolls are at their highest in our nations history.

Healthcare is expensive as hell unless you're dirt poor.

Food & other essentials are as expensive as they've ever been.

Gas prices have been stuck in the 3 dollar range seemingly forever.

Our already failing public education system has been inundated with illegals, making it even harder for American children to get the attention they need in school.

Obama & Holders constant condemnation of law enforcement has some communities spiraling out of control.

Golf as a sport has gotten a lot of coverage tho......

Weird after 8 years of Dubya/GOP 'job creator' policies, why didn't the US boom? lol

Besides giving US 2 UNFUNDED wars (while gutting revenues), 2 UNFUNDED tax cuts (funding means more revenues or budget cuts) and UNFUNDED Medicare expansion, what was Dubya's highlights?

Oh right he ALLOWED 9/11 to happen, then went to a war on false premises WHILE losing over 1,00,000+ jobs in 8 years, NOT counting the 4+ million lost in 2009 thanks to his policies!


Feb 2009 Obama first month, 110,699,000 PRIVATE sector jobs in the US. Today OVER 117,221,000. Hmm. how horrible

Bureau of Labor Statistics Data

FACTS on Dubya's great recession

FACTS on Dubya s great recession US Message Board - Political Discussion Forum

HA! We did ....For most to the early to mid 2000's save the mini recession after 9/11 we had a booming economy. Then liberals started playing around with the real estate market. The rest is history.
You so called facts are actually the opinions of Obama supporters.

BOOMING ECONOMY? Oh you meant Dubya's subprime bubble?

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”

"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN’T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.


LIBERALS? LOL



FACTS on Dubya s great recession US Message Board - Political Discussion Forum


What else was 'booming'?

Dec 2007

The Economic Consequences of Mr. Bush

The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.

The Economic Consequences of Mr. Bush Vanity Fair


Bush Lead During Weakest Economy in Decades

"The expansion was a continuation of the way the U.S. has grown for too long, which was a consumer-led expansion that was heavily concentrated in housing," said Douglas Holtz-Eakin, a onetime Bush White House staffer and one of Sen. John McCain's top economic advisers for his presidential campaign. "There was very little of the kind of saving and export-led growth that would be more sustainable."

"For a group that claims it wants to be judged by history, there is no evidence on the economic policy front that that was the view," Holtz-Eakin said. "It was all Band-Aids."

Bush Lead During Weakest Economy in Decades

 

[hazlnut]

After 6 years what have we got out of that simpletons slogan?

Not much from my perspective. Business is better, but not by much. Although I must say we did get A LOT of change in the racial strife & turning folks against each other departments.

Obama bragged about ending the war. Then blamed it on Bush. Then started the war again but blamed it on bad intel.

The economy is just gimping along despite everything he's claimed to have done.

Welfare rolls are at their highest in our nations history.

Healthcare is expensive as hell unless you're dirt poor.

Food & other essentials are as expensive as they've ever been.

Gas prices have been stuck in the 3 dollar range seemingly forever.

Our already failing public education system has been inundated with illegals, making it even harder for American children to get the attention they need in school.

Obama & Holders constant condemnation of law enforcement has some communities spiraling out of control.

Golf as a sport has gotten a lot of coverage tho......

Weird after 8 years of Dubya/GOP 'job creator' policies, why didn't the US boom? lol

Besides giving US 2 UNFUNDED wars (while gutting revenues), 2 UNFUNDED tax cuts (funding means more revenues or budget cuts) and UNFUNDED Medicare expansion, what was Dubya's highlights?

Oh right he ALLOWED 9/11 to happen, then went to a war on false premises WHILE losing over 1,00,000+ jobs in 8 years, NOT counting the 4+ million lost in 2009 thanks to his policies!


Feb 2009 Obama first month, 110,699,000 PRIVATE sector jobs in the US. Today OVER 117,221,000. Hmm. how horrible

Bureau of Labor Statistics Data

FACTS on Dubya's great recession

FACTS on Dubya s great recession US Message Board - Political Discussion Forum

Dadtothree, moron to everyone else.

This thread IS NOT ABOUT BUSH.

Post on topic if you can and set a good example for your kids for once in your life

What year did you get out of prison again?

Before my children who are now grown were born.

Back to ignore troll

Liberal faggots just can't stand any criticisms of their messiah. They have to INSTANTLY do one of two things.

1. Divert to a different subject or person.

2. Insult or attack the messenger.

They all learned well in Rules for Radicals. Especially their dear leader whom they will continue to defend because they voted for him and are like him in so many ways.

Didn't take long for the racists to find this thread -- like flies to shit.

Great Job Gramps, your race-baiting thread worked.

 

[Dad2three]

Record Poverty, Record Debt, Skyrocketing Food & Gas Prices, Massive Domestic Spying, NDAA, Open Borders, Racial Divisiveness, More War, and so on...

Seriously, is there really anyone left who still believes in the Supreme Leader's 'Hope & Change' shite?

Weird how conservatives live in a world of denial and bullshit. NEVER using critical thinking or HONESTY. If after 6 years of Obama we haven't been pulled up to where Clinton left US at, it's all Obama's fault, forget the 8 years of Dubya and record obstruction by the GOP

ONE policy conservatives have been on the correct side of history on the past 50 years? 100? 200?

Obama/Bush? Don't see much of a difference. Obama merely continued most of Bush's policies. The only ones prospering in his mess, are the Wall Street Fatcats you and your fellow Communists/Progressives are supposed to despise. I find that to be such crazy irony. In your desperation in defending your Supreme Leader, you guys have gone from loony OWS whiners to Wall Street Bootlickers in an instant. You're by far the biggest hypocrites in the country. You're very disingenuous people.

The average American is suffering. The only thing your Supreme Leader has accomplished, is to make things so much worse for future generations. I also believe he's a criminal. He should have been Impeached for his awful IRS and NSA abuses. So to hell with him.

Got it the usual bullshit, false premises and distortions from right wingers who can NEVER point to ONE successful policy they EVER supported that worked!

 

[Dad2three]

Weird after 8 years of Dubya/GOP 'job creator' policies, why didn't the US boom? lol

Things were going well until the dumb ass lying idiot Democrats took over congress in 2007. Why do we have to constantly remind you libs of your failures? For example when GW tried 8 times to rein in Fannie and Freddie to avoid that meltdown why did dumb ass Democrats oppose him?

Got it, you'll hang onto bullshit lies and false premises and blame the Dems for conservatives/GOP fuck ups. Typical right winger BS

DEMS TOOK CONGRESS JAN 2007

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”


"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDNT REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


BUSH 'WARNED' 8 TIMES HUH?

June 17, 2004

(CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday

Home builders fight Bush s low-income housing - Jun. 17 2004

Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs (FANN/FREDD) to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


GROW A BRAIN

 

[Dad2three]

I hope that I will be able to get health insurance
I hope that I don't lose my job
I hope that my 401k retirement plan recovers
I hope that gays will be accepted more in our society
I hope that we kill that son of a bitch bin Laden
I hope the American auto industry doesn't collapse

Yea....its working

Our economy is headed for Depression....we need a change
I'm sick of failed Republican nation building.....we need a change
I am embarassed that my country would engage in torture....we need a change
I am tired of not enforcing environmental and employment regulations....we need a change
We need to start to acknowledge the rights of gays....we need a change
Our healtcare system ignores millions of Americans....we need a change

Here's your change:
Our economy is headed for Euro-stagnation. Thanks for the change!
We have failed Democrat nation building. Thanks for the change!
I am embarassed that my country would engage in assassinating its own citizens. Thanks for the change!
I hope I have a 401k retirement plan after I'm moved to part time. Thanks for the change!
I hope that Christians will be accepted more in society. Thanks for the change!
I hope that we kill ISIS and all the other terrorist groups that have emerged since bin Laden. Thanks for the change!
I hope the American insurnace industry doesnt collapse.Thanks for the change!

Yeah, its a total clusterfuck.

Oh NOOOOooooooooo

Rabbi is threatening STAGNATION again!

It isnt a threat, Nutjobber. Growth has been a tepid 3% or less this entire recovery. Household income is lower than when Obama took office, except the very rich who of course support Democrats. The majority of people in this country dont believe the recession ever ended. Take it up with them.

3%? Oh better than Dubya's avg for 8 years of 'job creator' policies, how'd that work out again? lol

 

[Siete]

tax cuts were so busy creating jobs a recession started ...

 

[Dad2three]

Our economy is headed for Depression....we need a change
I'm sick of failed Republican nation building.....we need a change
I am embarassed that my country would engage in torture....we need a change
I am tired of not enforcing environmental and employment regulations....we need a change
We need to start to acknowledge the rights of gays....we need a change
Our healtcare system ignores millions of Americans....we need a change

Here's your change:
Our economy is headed for Euro-stagnation. Thanks for the change!
We have failed Democrat nation building. Thanks for the change!
I am embarassed that my country would engage in assassinating its own citizens. Thanks for the change!
I hope I have a 401k retirement plan after I'm moved to part time. Thanks for the change!
I hope that Christians will be accepted more in society. Thanks for the change!
I hope that we kill ISIS and all the other terrorist groups that have emerged since bin Laden. Thanks for the change!
I hope the American insurnace industry doesnt collapse.Thanks for the change!

Yeah, its a total clusterfuck.

Oh NOOOOooooooooo

Rabbi is threatening STAGNATION again!

It isnt a threat, Nutjobber. Growth has been a tepid 3% or less this entire recovery. Household income is lower than when Obama took office, except the very rich who of course support Democrats. The majority of people in this country dont believe the recession ever ended. Take it up with them.

Yea.....still waiting on your STAGNATION prediction after six years

3% is "tepid" show a recent six year period with higher growth
There has been $26 TRILLION of personal wealth added since Obama took office

Some "stagnation"

It is the slowest growth out of a recession on record.
Personal wealth went exclusively to the top 1%, the people you claim are Republicans. The average American is worse off today than the day Bush left office.
How I miss that guy!

BZZ wrong. You meant from the artificial high Dubya/GOP took US to that peaked in 2007, where 2006 the US spent more than they actually made? Ponzi schemes like Dubya cheered on looked good, until the music stopped. Sure you miss Dubya, you are an ignorant tool who hates average people and society as a whole!


FACTS on Dubya s great recession US Message Board - Political Discussion Forum

 

[Dad2three]

Personal wealth went exclusively to the top 1%, the people you claim are Republicans

Damn Rabbi, when you are right, you are right

Can I take this as your admission that we need a redistribution of wealth?

No. As usual you draw the wrong conclusion.
The correct conclusion is the Democrat economic policies are complete failures and hurt the poor and middle class.
Vote GOP or don't vote at all.

Fucking A....Damn Democrats

We need to change their obstructive policies right NOW.........Living wage, increase capital gains tax, free healthcare

That will show those Dems!

Rabbi Rules #2!
Every time. Every time.

We'll make a Liberal out of you yet Rabbi

Here you are advocating income redistribution, living wage, capital gains increase all to make sure that more of that $26 trillion increase in wealth does not only go to the rich

All my years of preaching to you seems to bew paying off

I see you have wealth envy, simple solution earn your own wealth instead of coveting other peoples.

WEALTH ENVY? lol

Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory


The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”

Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

 

[Dad2three]

We'll make a Liberal out of you yet Rabbi

Here you are advocating income redistribution, living wage, capital gains increase all to make sure that more of that $26 trillion increase in wealth does not only go to the rich

All my years of preaching to you seems to bew paying off

I see you have wealth envy, simple solution earn your own wealth instead of coveting other peoples.

Earn your own wealth and contribute to the society that helped you do it

If $26 trillion in additional wealth went to our wealthiest like Rabbi complained about, why should we continue to give them tax breaks?

The only ones prospering in your Supreme Leader's mess, are the Wall Street Fatcats you Communists/Progressives are supposed to despise. Pretty crazy irony, no? You guys went from loony OWS whiners to Wallstreet Bootlickers in an instant. It's proof you guys are getting desperate in defending your guy, The average American is suffering. And he's destroyed the futures of so many. It truly is 'Hope & Change' we shouldn't believe in.

I'm willing to raise the capital gains tax and force those fat cats to pay higher wages.....are you?

By fat cats are you referring to the millions of middle class Americans who have to pay capital gains on their investments?

The Top 0.1% Of The Nation Earn Half Of All Capital Gains
The Top 0.1 Of The Nation Earn Half Of All Capital Gains - Forbes

 

[Dad2three]

tax cuts were so busy creating jobs a recession started ...

 

[BluesLegend]

Fucking A....Damn Democrats

We need to change their obstructive policies right NOW.........Living wage, increase capital gains tax, free healthcare

That will show those Dems!

Rabbi Rules #2!
Every time. Every time.

We'll make a Liberal out of you yet Rabbi

Here you are advocating income redistribution, living wage, capital gains increase all to make sure that more of that $26 trillion increase in wealth does not only go to the rich

All my years of preaching to you seems to bew paying off

I see you have wealth envy, simple solution earn your own wealth instead of coveting other peoples.

Earn your own wealth and contribute to the society that helped you do it

If $26 trillion in additional wealth went to our wealthiest like Rabbi complained about, why should we continue to give them tax breaks?

Youre not giving anyone anything. Allowing people to keep more of the money they made is not a gift, except in your rather feeble mind.
But Obama rescinded the Bush tax cuts and now income ineqaulity is worse, not better. Bring back the tax cuts and restore equality.

Mindless drone liberals like him believe all wealth belongs to the state hence it was never theirs to keep in the first place.

 

[skye]

Hope and change my ass.

My feelings exactly.

 

[BluesLegend]

Weird after 8 years of Dubya/GOP 'job creator' policies, why didn't the US boom? lol

Things were going well until the dumb ass lying idiot Democrats took over congress in 2007. Why do we have to constantly remind you libs of your failures? For example when GW tried 8 times to rein in Fannie and Freddie to avoid that meltdown why did dumb ass Democrats oppose him?

Got it, you'll hang onto bullshit lies and false premises and blame the Dems for conservatives/GOP fuck ups. Typical right winger BS

DEMS TOOK CONGRESS JAN 2007

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”


"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDNT REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


BUSH 'WARNED' 8 TIMES HUH?

June 17, 2004

(CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday

Home builders fight Bush s low-income housing - Jun. 17 2004

Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs (FANN/FREDD) to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


GROW A BRAIN

You libs are delusional, do I need to post the video of corrupt lying ass Barnie Frank telling everyone Fannie and Freddie were fine? Based on the size of your post I'd say you are a lost cause, good luck in life.

 

[BluesLegend]

I see you have wealth envy, simple solution earn your own wealth instead of coveting other peoples.

Earn your own wealth and contribute to the society that helped you do it

If $26 trillion in additional wealth went to our wealthiest like Rabbi complained about, why should we continue to give them tax breaks?

The only ones prospering in your Supreme Leader's mess, are the Wall Street Fatcats you Communists/Progressives are supposed to despise. Pretty crazy irony, no? You guys went from loony OWS whiners to Wallstreet Bootlickers in an instant. It's proof you guys are getting desperate in defending your guy, The average American is suffering. And he's destroyed the futures of so many. It truly is 'Hope & Change' we shouldn't believe in.

I'm willing to raise the capital gains tax and force those fat cats to pay higher wages.....are you?

By fat cats are you referring to the millions of middle class Americans who have to pay capital gains on their investments?

The Top 0.1% Of The Nation Earn Half Of All Capital Gains
The Top 0.1 Of The Nation Earn Half Of All Capital Gains - Forbes

So, keep your money grubbing pan handling hands off my wealth lib, get a job.

 

[Dad2three]

Rabbi Rules #2!
Every time. Every time.

We'll make a Liberal out of you yet Rabbi

Here you are advocating income redistribution, living wage, capital gains increase all to make sure that more of that $26 trillion increase in wealth does not only go to the rich

All my years of preaching to you seems to bew paying off

I see you have wealth envy, simple solution earn your own wealth instead of coveting other peoples.

Earn your own wealth and contribute to the society that helped you do it

If $26 trillion in additional wealth went to our wealthiest like Rabbi complained about, why should we continue to give them tax breaks?

Youre not giving anyone anything. Allowing people to keep more of the money they made is not a gift, except in your rather feeble mind.
But Obama rescinded the Bush tax cuts and now income ineqaulity is worse, not better. Bring back the tax cuts and restore equality.

Mindless drone liberals like him believe all wealth belongs to the state hence it was never theirs to keep in the first place.

No it was created by 'hard work' NOT the structure the US gov't gives the 'makers' after all look around the world at the 3rd world nations, bunch of lazy assholes sitting around drinking all day right? *shaking head*


Benjamin Franklin, Founding Father, American diplomat, statesman, and scientist; letter to Robert Morris, December 25, 1783:

"All the property that is necessary to a Man, for the Conservation of the Individual and the Propagation of the Species, is his natural Right, which none can justly deprive him of: But all Property superfluous to such purposes is the Property of the Publick, who, by their Laws, have created it, and who may therefore by other laws dispose of it, whenever the Welfare of the Publick shall demand such Disposition. He that does not like civil Society on these Terms, let him retire and live among Savages. He can have no right to the benefits of Society, who will not pay his Club towards the Support of it."

 

[BluesLegend]

We'll make a Liberal out of you yet Rabbi

Here you are advocating income redistribution, living wage, capital gains increase all to make sure that more of that $26 trillion increase in wealth does not only go to the rich

All my years of preaching to you seems to bew paying off

I see you have wealth envy, simple solution earn your own wealth instead of coveting other peoples.

Earn your own wealth and contribute to the society that helped you do it

If $26 trillion in additional wealth went to our wealthiest like Rabbi complained about, why should we continue to give them tax breaks?

Youre not giving anyone anything. Allowing people to keep more of the money they made is not a gift, except in your rather feeble mind.
But Obama rescinded the Bush tax cuts and now income ineqaulity is worse, not better. Bring back the tax cuts and restore equality.

Mindless drone liberals like him believe all wealth belongs to the state hence it was never theirs to keep in the first place.

No it was created by 'hard work' NOT the structure the US gov't gives the 'makers' after all look around the world at the 3rd world nations, bunch of lazy assholes sitting around drinking all day right? *shaking head*


Benjamin Franklin, Founding Father, American diplomat, statesman, and scientist; letter to Robert Morris, December 25, 1783:

"All the property that is necessary to a Man, for the Conservation of the Individual and the Propagation of the Species, is his natural Right, which none can justly deprive him of: But all Property superfluous to such purposes is the Property of the Publick, who, by their Laws, have created it, and who may therefore by other laws dispose of it, whenever the Welfare of the Publick shall demand such Disposition. He that does not like civil Society on these Terms, let him retire and live among Savages. He can have no right to the benefits of Society, who will not pay his Club towards the Support of it."

You libs are all the same, where the fuck do you think the government gets its money? Yes from the rich now tell me again who paid for the infrastructure? Hello earth to libs check with lost and found maybe someone turned in your brains.

 

[Dad2three]

Weird after 8 years of Dubya/GOP 'job creator' policies, why didn't the US boom? lol

Things were going well until the dumb ass lying idiot Democrats took over congress in 2007. Why do we have to constantly remind you libs of your failures? For example when GW tried 8 times to rein in Fannie and Freddie to avoid that meltdown why did dumb ass Democrats oppose him?

Got it, you'll hang onto bullshit lies and false premises and blame the Dems for conservatives/GOP fuck ups. Typical right winger BS

DEMS TOOK CONGRESS JAN 2007

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”


"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDNT REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


BUSH 'WARNED' 8 TIMES HUH?

June 17, 2004

(CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday

Home builders fight Bush s low-income housing - Jun. 17 2004

Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs (FANN/FREDD) to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


GROW A BRAIN

You libs are delusional, do I need to post the video of corrupt lying ass Barnie Frank telling everyone Fannie and Freddie were fine? Based on the size of your post I'd say you are a lost cause, good luck in life.

Wow there's a vid of Barney saying something about F/.F? Weird, 2003-2004 DURING the F/F ACCOUNTING scandals BEFORE Dubya pushed the 'home ownership society on US AND REQUIRED F/F TO BUY $440 BILLION IN MBS'S TO MEET HIS GOALS?


The Myth of Fannie Mae, Freddie Mac, Barney Frank, the Housing Bubble and the Recession

Start with the most basic fact of all: virtually none of the $1.5 trillion of cratering subprime mortgages were backed by Fannie or Freddie. That’s right — most subprime mortgages did not meet Fannie or Freddie’s strict lending standards. All those no money down, no interest for a year, low teaser rate loans? All the loans made without checking a borrower’s income or employment history? All made in the private sector, without any support from Fannie and Freddie.

The Myth of Fannie Mae Freddie Mac Barney Frank the Housing Bubble and the Recession The Long Goodbye

The financial collapse happened under Bush and his cronies, The Republicans have done nothing but sabotage ever since

JUNE 17, 2004

Fannie, Freddie to Suffer Under New Rule, Frank Says

Fannie Mae and Freddie Mac would suffer financially under a Bush administration requirement that they channel more mortgage financing to people with low incomes, said the senior Democrat on a congressional panel that sets regulations for the companies.


So if your narrative is "GSEs are to blame" then you have to blame bush


http://democrats.financialservices....s/112/06-17-04-new-Fannie-goals-Bloomberg.pdf

WILL CONSERVATIVES EVER GROW UP AND ACCEPT BLAME FOR THEIR FAILED 'BELIEFS'?

 

[BluesLegend]

Weird after 8 years of Dubya/GOP 'job creator' policies, why didn't the US boom? lol

Things were going well until the dumb ass lying idiot Democrats took over congress in 2007. Why do we have to constantly remind you libs of your failures? For example when GW tried 8 times to rein in Fannie and Freddie to avoid that meltdown why did dumb ass Democrats oppose him?

Got it, you'll hang onto bullshit lies and false premises and blame the Dems for conservatives/GOP fuck ups. Typical right winger BS

DEMS TOOK CONGRESS JAN 2007

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”


"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDNT REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


BUSH 'WARNED' 8 TIMES HUH?

June 17, 2004

(CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday

Home builders fight Bush s low-income housing - Jun. 17 2004

Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs (FANN/FREDD) to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


GROW A BRAIN

You libs are delusional, do I need to post the video of corrupt lying ass Barnie Frank telling everyone Fannie and Freddie were fine? Based on the size of your post I'd say you are a lost cause, good luck in life.

Wow there's a vid of Barney saying something about F/.F? Weird, 2003-2004 DURING the F/F ACCOUNTING scandals BEFORE Dubya pushed the 'home ownership society on US AND REQUIRED F/F TO BUY $440 BILLION IN MBS'S TO MEET HIS GOALS?


The Myth of Fannie Mae, Freddie Mac, Barney Frank, the Housing Bubble and the Recession

Start with the most basic fact of all: virtually none of the $1.5 trillion of cratering subprime mortgages were backed by Fannie or Freddie. That’s right — most subprime mortgages did not meet Fannie or Freddie’s strict lending standards. All those no money down, no interest for a year, low teaser rate loans? All the loans made without checking a borrower’s income or employment history? All made in the private sector, without any support from Fannie and Freddie.

The Myth of Fannie Mae Freddie Mac Barney Frank the Housing Bubble and the Recession The Long Goodbye

The financial collapse happened under Bush and his cronies, The Republicans have done nothing but sabotage ever since

JUNE 17, 2004

Fannie, Freddie to Suffer Under New Rule, Frank Says

Fannie Mae and Freddie Mac would suffer financially under a Bush administration requirement that they channel more mortgage financing to people with low incomes, said the senior Democrat on a congressional panel that sets regulations for the companies.


So if your narrative is "GSEs are to blame" then you have to blame bush


http://democrats.financialservices....s/112/06-17-04-new-Fannie-goals-Bloomberg.pdf

WILL CONSERVATIVES EVER GROW UP AND ACCEPT BLAME FOR THEIR FAILED 'BELIEFS'?

As I said you are a lost cause, you don't drink the liberal kool-aid you snort the power dry with no sugar. Be happy believing the lies they feed you.

 

[Dad2three]

I see you have wealth envy, simple solution earn your own wealth instead of coveting other peoples.

Earn your own wealth and contribute to the society that helped you do it

If $26 trillion in additional wealth went to our wealthiest like Rabbi complained about, why should we continue to give them tax breaks?

Youre not giving anyone anything. Allowing people to keep more of the money they made is not a gift, except in your rather feeble mind.
But Obama rescinded the Bush tax cuts and now income ineqaulity is worse, not better. Bring back the tax cuts and restore equality.

Mindless drone liberals like him believe all wealth belongs to the state hence it was never theirs to keep in the first place.

No it was created by 'hard work' NOT the structure the US gov't gives the 'makers' after all look around the world at the 3rd world nations, bunch of lazy assholes sitting around drinking all day right? *shaking head*


Benjamin Franklin, Founding Father, American diplomat, statesman, and scientist; letter to Robert Morris, December 25, 1783:

"All the property that is necessary to a Man, for the Conservation of the Individual and the Propagation of the Species, is his natural Right, which none can justly deprive him of: But all Property superfluous to such purposes is the Property of the Publick, who, by their Laws, have created it, and who may therefore by other laws dispose of it, whenever the Welfare of the Publick shall demand such Disposition. He that does not like civil Society on these Terms, let him retire and live among Savages. He can have no right to the benefits of Society, who will not pay his Club towards the Support of it."

You libs are all the same, where the fuck do you think the government gets its money? Yes from the rich now tell me again who paid for the infrastructure? Hello earth to libs check with lost and found maybe someone turned in your brains.

Gawwd you are a moron. You don't see how the tax burden has shifted FROM the richest to the middle class the past 30+ years with GOPers 'trickle down' BS?

 

[Dad2three]

Weird after 8 years of Dubya/GOP 'job creator' policies, why didn't the US boom? lol

Things were going well until the dumb ass lying idiot Democrats took over congress in 2007. Why do we have to constantly remind you libs of your failures? For example when GW tried 8 times to rein in Fannie and Freddie to avoid that meltdown why did dumb ass Democrats oppose him?

Got it, you'll hang onto bullshit lies and false premises and blame the Dems for conservatives/GOP fuck ups. Typical right winger BS

DEMS TOOK CONGRESS JAN 2007

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”


"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDNT REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


BUSH 'WARNED' 8 TIMES HUH?

June 17, 2004

(CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday

Home builders fight Bush s low-income housing - Jun. 17 2004

Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs (FANN/FREDD) to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


GROW A BRAIN

You libs are delusional, do I need to post the video of corrupt lying ass Barnie Frank telling everyone Fannie and Freddie were fine? Based on the size of your post I'd say you are a lost cause, good luck in life.

Wow there's a vid of Barney saying something about F/.F? Weird, 2003-2004 DURING the F/F ACCOUNTING scandals BEFORE Dubya pushed the 'home ownership society on US AND REQUIRED F/F TO BUY $440 BILLION IN MBS'S TO MEET HIS GOALS?


The Myth of Fannie Mae, Freddie Mac, Barney Frank, the Housing Bubble and the Recession

Start with the most basic fact of all: virtually none of the $1.5 trillion of cratering subprime mortgages were backed by Fannie or Freddie. That’s right — most subprime mortgages did not meet Fannie or Freddie’s strict lending standards. All those no money down, no interest for a year, low teaser rate loans? All the loans made without checking a borrower’s income or employment history? All made in the private sector, without any support from Fannie and Freddie.

The Myth of Fannie Mae Freddie Mac Barney Frank the Housing Bubble and the Recession The Long Goodbye

The financial collapse happened under Bush and his cronies, The Republicans have done nothing but sabotage ever since

JUNE 17, 2004

Fannie, Freddie to Suffer Under New Rule, Frank Says

Fannie Mae and Freddie Mac would suffer financially under a Bush administration requirement that they channel more mortgage financing to people with low incomes, said the senior Democrat on a congressional panel that sets regulations for the companies.


So if your narrative is "GSEs are to blame" then you have to blame bush


http://democrats.financialservices....s/112/06-17-04-new-Fannie-goals-Bloomberg.pdf

WILL CONSERVATIVES EVER GROW UP AND ACCEPT BLAME FOR THEIR FAILED 'BELIEFS'?

As I said you are a lost cause, you don't drink the liberal kool-aid you snort the power dry with no sugar. Be happy believing the lies they feed you.

Got it, ANOTHER right winger using projection with faced with FACTS. I'm shocked, no really I am



What no out of context vid of the rights boogie man Barney? lol

One president controlled the regulators that not only let banks stop checking income but cheered them on. And as president Bush could enact the very policies that caused the Bush Mortgage Bubble and he did. And his party controlled congress.